A company's total liabilities are $247,000, and its equity is $987,000. What are the total assets? A) $250,000 B) $300,000 C) $12,34,000 D) $400,000
Q: Answer me these problems
A: 1. (a) Systematic relationships create comprehensive oversightIntegrated control frameworks stress…
Q: Compute the relationship of net income to net sales?
A: Explanation of Net Income: Net income represents the amount of money remaining after all expenses,…
Q: Opereting cycle?
A: Step 1: Define Operating CycleThe time taken by a company from the point of purchase to the point of…
Q: Answer me these problems
A: First Question: Integrated Control FrameworksIntegrated control frameworks differ from isolated…
Q: Give general account ans
A: We use the accounting equation to determine the change in liabilities:Assets = Liabilities + Owner's…
Q: Baxter Sports Ltd. of Australia manufactures sporting equipment. One of the company's products, a…
A: To calculate the cost of plastic that should have been incurred, we need to use the standard cost…
Q: ???
A: The P/E ratio, or price-to-earnings ratio, is a valuation ratio that compares a company's current…
Q: Need help this question
A: Given:Return on Investment (ROI) = 8.8% or 0.088Sales = $13 millionAsset Turnover = 2.2Average…
Q: Cost per unit under absorption costing
A: Explanation of Absorption Costing:Absorption costing is a costing method where all manufacturing…
Q: Contribution margin is??
A: To calculate the break-even point, we use the formula: Break-even point = Fixed Costs / Contribution…
Q: hello teacher please solve questions
A: Step 1: Given Value for Calculation Sales Revenues = s = $15,000Depreciation = d = $4000Other…
Q: Please need both answer
A: Question 1: Warranty expense for the current month = Estimated percentage x units sold x Average…
Q: How many unit did the company sell in 2009 ?
A: Step 1: Definition of Absorption CostingAbsorption costing, also known as full costing, is a costing…
Q: hi expert please help me general accounting
A: Step 1: Definition of Applied OverheadApplied overhead is the amount of manufacturing overhead…
Q: What Is the equity at the end of the year?
A: Explanation of Assets: Assets are economic resources owned by a business that have future economic…
Q: Given the solution and accounting question
A: Step 1: Define Materials Purchase Price VarianceMaterials Purchase Price Variance is the variance in…
Q: ??
A: To calculate the new Return on Investment (ROI) after the changes, we use the following formula for…
Q: Answer this MCQ
A: Cash Cycle = Operating Cycle - Average Payment PeriodWe are given:Cash Cycle = 35 daysOperating…
Q: Calculate the percent yield on the financial accounting
A: Percent yield is calculated using the formula: Percent Yield = (Actual Yield / Theoretical Yield) ×…
Q: What is the direct material price variance on these general accounting question?
A: The Direct Material Price Variance measures the difference between the actual cost of materials and…
Q: Need ans the general Accounting question
A: Step 1: Define Total Asset Turnover Ratio (TATO)The Total Asset Turnover Ratio (TATO) measures how…
Q: What was the variable overhead rate variance for the month? Please solve this question
A: Step 1: Definition of Variable Overhead Rate VarianceVariable Overhead Rate Variance measures the…
Q: Solve this financial accounting problem
A: Step 1: Use the DuPont formulaStep 2: Insert valuesStep 3: Convert Profit Margin to decimalStep 4:…
Q: Want help
A: 1. (a) Systematic relationships create comprehensive oversightIntegrated control frameworks stress…
Q: Cool water's total liabilities are
A: Concept of AssetsAssets are resources owned by a business that have economic value and can be used…
Q: 5 PTS
A: Explanation of Manufacturing Margin: Manufacturing margin represents the difference between total…
Q: What is the standard overhead rate per unit on these general accounting question?
A: To compute the Standard Overhead Rate per unit, we need to focus on both the variable and fixed…
Q: A company has sales of $389,000 and cost of goods sold of $174,000. What is the gross profit margin?…
A: Concept of SalesSales refer to the total revenue generated by a company from selling its goods or…
Q: Factory overhead was budgeted at 140000?
A: Explanation of Direct Materials: Direct materials represent the raw materials that can be directly…
Q: Please solve this question general Accounting
A: The machine was purchased for $80,000 and has an accumulated depreciation of $72,000. The book value…
Q: Need answer accounting question
A: The question requires the determination of the future value of cash flows.Future value (FV) is the…
Q: Please provide solution this general accounting question
A: To estimate the percentage increase in net operating income using the degree of operating leverage…
Q: Need general account ans
A: Step 1: Understanding Product CostsProduct costs are the costs directly associated with…
Q: Zephyr Electronics sells high-end speakers. The unit selling price is $110, the unit variable costs…
A: Explanation of Operating Income: This represents the profit a company generates from its core…
Q: Given answer financial accounting question
A: Step 1: Define Predetermined Overhead Rate (POHR)The Predetermined Overhead Rate (POHR) is used to…
Q: Get correct answer with correct calculation for this financial accounting question
A: Step 1:As per the accounts receivable method of allowance, the estimated uncollectible based on the…
Q: Tutor please provide answer
A: Explanation of Owner's Equity:Owner's equity represents the residual interest in a company's assets…
Q: How much debt will chrysler have?
A: Solution Approach:The debt-equity ratio is given by:Debt-Equity Ratio=Debt/Equity Step 1: Calculate…
Q: Provide correct answer this general accounting question
A: Step 1: Define Advertising Expense AllocationAdvertising expense allocation is the process of…
Q: Machine hours rather than
A: Compute variable overhead cost per unit.Variable overhead cost per unit = Total variable overhead…
Q: How much is applied to the principal of the note?
A: Step-by-Step SolutionWe are given the following loan details:Loan Amount (Principal) =…
Q: Can you please answer the financial accounting question?
A: The yield of a bond can be calculated using the formula for current yield:Current Yield=Annual…
Q: Tutor of account solve this
A: Step 1: Understanding the Gross Profit FormulaGross Profit represents the profit after deducting the…
Q: Answer this Accounting problem
A: We are given that the monthly cost of a data plan is a linear function of data usage. This means we…
Q: Financial Accounting Question
A: Question 2: Total Liabilities CalculationGiven:Beginning liabilities = $127,000Revenue = $143,000…
Q: Ans?? General Accounting question
A: The straight-line depreciation method allocates an equal amount of depreciation expense each year…
Q: General accounting
A: To determine the estimated variable order filling cost per order using the high-low method, follow…
Q: Financial Accounting
A: Concept of Direct MaterialsDirect materials are raw materials that are used in the production of a…
Q: +provide correct answer financial accounting
A: Step 1: Definition of the Discounted Cash Flow (DCF) ModelThe Discounted Cash Flow (DCF) Model is a…
Q: Provide answer general accounting
A: The utility bill represents an expense for the electricity used in October. Since the bill is…
Help me with this
Step by step
Solved in 2 steps
- Arredondo, Inc., has current assets of $4,957, net fixed assets of $14,890, current liabilities of $4,928, and long-term debt of $9,593. How much is net working capital?Sunny Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of $74,500, and long-term debt of $42,500. What is the amount of the net fixed assets? a. $58,000 b. $111,000 c. $94,600 d. $63,900 e. $84,500Is the working capital $203,454, $1,026,172 or $137,053?
- Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00King Industries has net working capital of $17,700, current assets of $39,800, equity of $55,400, and long-term debt of $11,800. What is the amount of the net fixed assets?What is the amount of the net fixed assets?
- What is the amount of the net fixed assets?A firm has $820 in inventory, $3,200 in fixed assets, $670 in accounts receivable, $390 in accounts payable, $500 in long-term debt, and $360 in cash. What is the amount of the net working capital?A firm has $680 In inventory, 52,140 in fixed assets, $210 In accounts receivables, $250 in accounts payable, and $80 in cash. What is the amount of the net working capital?
- A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total of its current assets?Campbell Company has current assets of $3 million of which $750,000 are accounts receivable. Its current liabilities total $2 million of which $500,000 are accounts payable and $100,000 are wages payable. Campbell’s net credit is:A company has $1343 in inventory, $4782 in net fixed assets, $634 in account receivable, $278 in cash, and $586 in accounts payable and $5377 in equity. What are the company's long term debt?